Some facts for a change, instead of speculation......

setmefree2

purch wrote: »

The fundamental flaw in this question, is the assumption that anyone who is a member of this forum is remotely SANE in the first place :eek:

Tee Hee - fun though:D

edit - I should really go and do some work.....

Graham_Devon

Really2 wrote: »

What other factors are there that are not supply and demand related?

Right ok.

So, let me get this straight. Supply and demand is the only factor.

Yet when prices drop, and I ask "well if supply and demand is the only measure, then why did prices drop".....the answer, is to use another market bearing factor and blame that.

You cannot have it both ways and suggest supply and demand is the only thing that matters therefore prices up up up, and then only bring other market factors into the equation when you are picked up.

Really2

setmefree2 wrote: »

That's demand......

Correct. Sorry i edited my previous before these points so I will add here.

All the externals (jobs, IR etc) are just causes that effect Supply and demand.

setmefree2

Graham_Devon wrote: »

Right ok.

So, let me get this straight. Supply and demand is the only factor.

Yet when prices drop, and I ask "well if supply and demand is the only measure, then why did prices drop".....the answer, is to use another market bearing factor and blame that.

You cannot have it both ways and suggest supply and demand is the only thing that matters therefore prices up up up, and then only bring other market factors into the equation when you are picked up.

There is only demand and supply. Any factor is either effecting one or the other.

chucky

Graham_Devon wrote: »

You cannot have it both ways and suggest supply and demand is the only thing that matters therefore prices up up up, and then only bring other market factors into the equation when you are picked up.

because with demand you get factors that drive demand - job availability, pay etc... as you can understand you get factors that drive supply also.

there are some factors that affect both but you can't view as black and white as you would like to.

Really2

Graham_Devon wrote: »

Right ok.

So, let me get this straight. Supply and demand is the only factor.

Yet when prices drop, and I ask "well if supply and demand is the only measure, then why did prices drop".....the answer, is to use another market bearing factor and blame that.

You cannot have it both ways and suggest supply and demand is the only thing that matters therefore prices up up up, and then only bring other market factors into the equation when you are picked up.

Have you gone a bit goldfish?

Really2 wrote: »

2nd point
Has for why they fell since 07 Graham. People saw prices fall on a predicted crash and got greedy and all tried to cash out at the same time.
This lead to an excess of property's in a market still expected to decline. Add to that constricted lending to those who still wanted to buy where else was the market going to go.

Supply out striped demand in late 07 - 08
Too quote yourself...
Simples.

I really do not know if you don't read or don't want to understand.

Your point of of finger to America (the start of the credit crunch in my eyes not why house prices fell), that was a trigger which effected supply and demand.

Graham_Devon

Right, ok, I got it.

Supply and Demand encompasses everything.

Unless prices fall, and obviously then, other factors come in to play.

Brrrrrrr-illiant.

You all get whats being said. Though as usual, it's come down to this, as it's pretty much a daily ritual to muddy everything completely.

It's boring for everyone else to read this day in day out, so I quit on this thread. My point, I believe, has been made. Demand has NOT appeared from no where within the last 8 months. If it has, where on earth were all those that are creating the demand living before.....under a bridge?

Chucky, your post is merely a cop out. Demand for bread is pretty flat all the time. If you put bread up to £10 a loaf, demand won't keep the price up. Thats an absolutely pathetic way of looking at things, and merely avoids every single question I posed.

ruggedtoast

setmefree2 wrote: »

That's demand......

No - it really isn't. And this isn't at all well understood by many self styled housing expert internet warriors.

People need to be able to pay, and want to. The demand for Walkers Salt N' Vinegar crisps is enormous. Far higher than the demand for houses.

Now try selling them at £5.00 a packet and see what happens. Or £165,000 perhaps.

But, but - theres so much demand rant the bulls. They must sell - they just have to. At any price!!!

Mooo Mooo MOOOOOOO!!!

chucky

Graham_Devon wrote: »

Right, ok, I got it.

Supply and Demand encompasses everything.

Unless prices fall, and obviously then, other factors come in to play.

Brrrrrrr-illiant.

no, you're just not getting it are you - read this again

chucky wrote: »

because with demand you get factors that drive demand - job availability, pay etc... as you can understand you get factors that drive supply also.

there are some factors that affect both but you can't view as black and white as you would like to.

Graham_Devon wrote: »

You all get whats being said. Though as usual, it's come down to this, as it's pretty much a daily ritual to muddy everything completely.

not really, it's usually you that 'muddys' everything - it's just that you don't really get it.
you really are missing the point yet again - just because you don't understand or even grasp the understanding of it - it doesn't mean it's wrong

setmefree2

ruggedtoast wrote: »

No - it really isn't. And this isn't at all well understood by many self styled housing expert internet warriors.

People need to be able to pay, and want to. The demand for Walkers Salt N' Vinegar crisps is enormous. Far higher than the demand for houses.

Now try selling them at £5.00 a packet and see what happens. Or £165,000 perhaps.

But, but - theres so much demand rant the bulls. They must sell - they just have to. At any price!!!

Mooo Mooo MOOOOOOO!!!

I just said it was demand - I said nothing about the strength of demand. There can be strong demand for houses and weak demand for houses but it's all demand.